new build round-up Italian strategy for success Times have been tough for the Italian shipbuilding market and now the present Italian government is looking to provide the industry with a productive future Words Angelo Colombo & fulvia venturi

talian yards are not facing an easy ride. Despite a strong euro some Size the yard can build to yards are still facing adversity and as we went to press the situation at CRN 90 MT ISA in Ancona looked uncertain, OVERMARINE 70 MT with the shipyard submitting a PALUMBO over 100 MT notice to the trade union and court I ROSSINAVI 90 MT authorities that it is seeking agreement with its creditors. CRN is another yard that, TANKOA 80 MT despite the recent launch of 55m Atlante and BENETTI 100 MT refit of Eight, has also met with union MONDOMARINE 75 MT representatives to discuss a company THE ITALIAN SEA GROUP over 150 MT reorganisation. This, it hopes, will create a strong production specialisation optimising PERINI NAVI 100 MT and consolidating the know-how existing CODECASA 90 MT within the company. The shipyard has prepared itself for low workloads in future 0 30 60 90 120 150 with the placement of an Extraordinary Redundancy Fund over a period of two years. In the past the Italian nautical industry where owners can find everything they need with imports) decreased by 6.2%. had been supported by a strong internal for their holidays in a wonderful place, but Carla Demaria, the new president of market but with the headwind of recession we still need to work on all the territory to UCINA, who has embraced her role with the Italian government is finally starting to achieve the high-level tourism required gusto, told SB: “The data is very encouraging adopt some strategies that will make for a for yachting.” and during the first quarter of this year we more fertile future. The damage from the However in late April UCINA, the Italian have recorded further improvement. We have previous government made a lasting dent. boating industry association, published confidence in the future and the Strong controls enforced by the fiscal figures that suggested the Italian marine Association wants to renew itself to better authorities scared many boat owners who are market was showing certain signs of growth. respond to new market and its associated still yet to return. Beniamino Gavio, president ‘Nautica in Cifre’ (Boating in Figures), needs. That’s the reason why we are working of Baglietto and Cerri yards, who recently published yearly by UCINA, showed that total very fast to change some of our internal rules acquired Bertram Yachts, says: “I think it will sales in the Italian nautical sector reached to adopt a fast reform of the Association. We be very difficult to return to all the nautical €2.5bn in 2014 – a 2.1% rise over the will be more effective and at the same time touristic flow we had in the past. What previous year. The best performance came we will guarantee the effective and fully happened with previous governments was a from the accessories sector, which grew by representative of the whole Italian real catastrophe. Most of the people went to 3.1%. Employment levels also increased by boating industry.” Spain, France, Turkey and Montenegro, and 1%. This positive trend was also confirmed by Demaria, even within the first few months they will probably come back after some time, nautical leasing contracts, which grew by of her appointment, has been highly but this is not certain. We have to work on 15.4% in 2014 and by 30% in the first four proactive in meeting with government marinas’ services for example, to offer day-by- months of this year. officials for the good of the marine industry. day top services. We are lucky with our In 2014, the Italian shipbuilding industry In April, at a meeting held in Rome, Demaria nature and history, but it’s not enough to grew by 1.9% compared to 2013. Total sector met with Italy’s vice minister for economic attract people with boats or big yachts. growth has been mostly attributed to a 2.7% development, Carlo Calenda. The meeting However something is changing and now we rise in exports, as the Italian market (i.e. focused on the 55th edition of the Genoa do have some very high-level destinations Italian production boats sold in Italy, together International Boat Show, which, it is hoped,

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will inject life into the failing event. Subsequently the ministry confirmed its support for the boat show as part of its How many direct employees?

‘Made in Italy’ 2015 plan. After the meeting POLAND Demaria declared, “We strongly agree on the FRANCE GERMANY w Italian Sea Group importance of Genoa’s boat show as the only SLOVAKIA event dedicated to leisure boating and this is 200 also confirmed by the support we have w Baglietto LA SPEZIA received from the Liguria region and the 50 city of Genoa.” HUNGARY Much of this positivity is coming from the export market. Italian branding still holds serious lustre with foreigners, and the CROATIA ITALY Americans have a hearty appetite. Tilli Antonelli, founder of the Ancona-based BOSNIA & HERZEGOVINA shipyard Wider, reported good results in the CARRARA SERBIA US, Australia and Asiatic South East. But when asked about the future his response w Mondomarine w Perini Navi showed a recognition of the challenge ahead, 90 VIAREGGIO “I think we have a lot of work to do to be 200 attractive again for yacht tourism. Italy is, however, working in that direction. On the savona other hand there are some very good reasons why Italy is still attractive as the right place T y r r h e n i a n to construct a yacht. Our creativity, style and S e a w Benetti design are certainly appealing, as are the 560 locations of the shipyards. Also thanks to the value of the euro we are more attractive.” Everyone spoken to for this report YARDS IN BRIEF emphasised that an Italian-built yacht carried w CRN | ANCONA not only the branding of its shipyard but also w Ferretti | fano that of the ‘made in Italy’ brand. Much of the w Overmarine | viareggio, pisa, massarosa, massa marketing surrounding Italian shipyards w Columbus Yachts | Naples, malta, marseille exploits this rhetoric and emphasises the use w Rossinavi | VIAREGGIO of local artisan subcontractors. w Sanlorenzo | VIAREGGIO, LA SPEZIA, MASSA Sergio Cutolo, founder of Hydro Tec, an w Tankoa | GENOA Italian naval architect, explains, “Italian shipyards benefit from the idea people around a new executive team to handle its business flagship showroom in Shanghai, a move the world have of Italy. That it is a positive in Asia. Benetti revealed it it has sold “390 which marks and consolidates its ten-year concept based on culture, design, creativity metres of superyachts” to clients in Asia over presence in China. The brand sees China as and has the ability to deliver a quality build. the last five years. the strategic centre of a high-end leisure Italy can be considered a brand in itself, and Luigi Adamo who was named as Benetti industry and sees it developing into a key this brand, especially in the new markets, is Asia’s general manager said, “The first actions market in the coming years. The decision has very well appreciated. In the old markets like I wanted to undertake were directed towards been backed by the boatbuilder’s major the US for example, this kind of brand has increased attention to our brokers’ regional shareholder, the Weichai Group. Columbus Yachts has also anticipated the appetite of its potential Asian clients with its Italian shipyards benefit from the idea newly unveiled Oceanic Coupé line that are sporty and aggressive-looking yachts people around the world have of Italy, especially for the Asian and US markets. based on culture, design and creativity Sanlorenzo has spotted a potential market in Australia and in partnership with Australian-based Ensign Brokers International been consolidated.” network. It is fundamental to keep them up to has opened Sanlorenzo Australia, a new brand With disappointing domestic sales and the date on our products, improving the definition representative that will distribute the export market growing so encouragingly, of the brand. Further important steps were to boatbuilder’s products to the southern many Italian yacht builders have branched nominate a new head of service for the Hong hemisphere market. out with outposts across Latin America and Kong office, and the new opening of the Arcadia Yachts has invested in its Asia. At the Singapore Yacht Show in April service office in the Gold Coast Marina. This conviction in the American market with the Benetti outlined its growth strategy for the way, with our strong local presence, we will appointment of Alessandro Diomedi, who is Asian market. The builder said it plans to be able to serve our clients throughout 360°.” now in charge of the company’s operations open new offices in Hong Kong and has hired The Ferretti Group has opened its first for the Americas. His new appointment

JUNE 2015 | www.SUPERYACHTBUSINESS.net 23 new build round-up Focus Italy

onboard systems with its I-Bridge and I-Chart Solutions. Its personalised systems are not only highly innovative from a technical standpoint, but also elegant, exclusive and perfectly safe. The company has five offices in Italy, located both on the Adriatic and Tyrrhenian coasts and liaises with carefully selected international associates, ensuring its presence in all of the most strategic areas of the yachting world. “We work very closely with Italian shipyards. In 2015 we are going to integrate as many as 37 megayachts with our in-house I-Bridge technology. Benetti, Wider, Sanlorenzo, CRN, Columbus, Dreamline, Perini, Rossi Navi are just some example of our partners,” says Massimo Minnella, Team Italia’s CEO. “Cooperation with non-Italian shipyards is still slow, most of them are used to Videoworks has helped develop smart devices with its integrated software cooperating with local partners, but we have the impression that now they are looking at coincided with the signing of a new Arcadia fiscal situation. “We are very good at creating the best technology available worldwide and 85 destined for the South American market. new and beautiful things. We are flexible and they are starting to approach new Despite the growth further afield, much of creative and we want to protect our qualities collaborations,” he continues. Since its the Italian shipbuilding industry has and the value of ‘made in Italy’. For this reason, creation, the company has developed around struggled with its financial commitments at we aim at expanding further, to promote and 345 projects, all installed on yachts home. Attempting to sit out the recession, support our country,” continues Stimilli. measuring more than 35m. In particular, in some yards ran with the same overheads, Among the latest innovations, Videoworks the last two years Team Italia has worked with some even speculating by investing in has developed smart devices such as Google hard to strengthen its technology, launching their facilities. Consequently huge debts were Glass and the smartwatch. The innovative different products and systems (i.e. I-Chart built up with banks. This seems a common Samsung Gear smartwatch, with integrated I-Bridge Multitouch and BCM) and updating theme in Italy, which has a very high public Videoworks software, allows clients to control the existing ones. “Investing in R&D has debt ratio, posing a significant vulnerability. curtains, lights, atmospheres, music and allowed us to increase our brand awareness movies just by touching the customisable in a difficult market where the competition is Equipment suppliers icons on the watch screen. On a more very strong. I believe that this vision is the Alongside the shipyards is a strong support technical note, after having developed and right way for the future, so we will continue network of suppliers. Italian yards are patented Active Noise Cancelling to reduce with our investment and commitment,” generally known for being patriotic towards navigation noise inside a cabin, Videoworks explains Minnella. their fellow countrymen when it comes to has also studied and developed the Sound equipment suppliers and co-operating with Masking solution, which can also be activated local partners. from the smartwatch. “The sound spectrum Italian Videoworks, based in Ancona and well and level is shaped to provide the degree of economy known for its entertainment systems, privacy desired by occupants. Masking continues to work in close partnership with operates by covering up or masking A return to expansion in both France the most important Italian shipyards and at unwanted sounds, similar to one-way and Italy over the first three months of the same time keeps an open eye on the windows,” explains Stimilli. 2015 helped boost eurozone economic North European market, by inaugurating an Finally, serious research is currently growth. Italy’s GDP has grown by 0.3% office in Amsterdam and a one stop-shop in being undertaken in light design and in the first quarter of 2015 and is London, to deliver services, assistance and engineering, sound assessment and the something to feel optimistic about, experience to clients everywhere. “Thanks to development of ad hoc applications to enjoy especially as it’s the highest that the good and constant actions in terms of onboard or at home. More innovations will be figure has been in four years. Economists communication and marketing, we are now presented by Videoworks at the upcoming predict further accelerated growth recognised abroad,” says Sara Stimilli, Monaco Yacht Show. for the Italian economy in 2016. But communication and marketing director. Team Italia is another example of an the country has come under fire from “International shipyards, surveyors and Italian company that is growing in spite of a European policy makers for having some brokers have started to include our offers and challenging market and is appreciated by economic failings including rigid labour quotations in their bids and we have succeeded shipyards all around the world. The company, markets and lagging competitiveness. in winning some important projects.” founded in 2000, is renowned for its Certainly Italian economic policy will be The financially sound condition of the integrated managing systems and helm under heightened scrutiny from European company has helped Videoworks invest and stations and specialises in the optimisation authorities over the coming year. innovate in spite of a challenging market and and functional integration of multiple

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w Baglietto 160 KEY FACTS Number of years w Founded: 1854 in the marine and naval industry w Size of yard: 35,000m2 w Direct employees: 50 w Size it can build to: 65m w Largest yacht build so far: 62m w Web: www.baglietto.com

In 2014 Baglietto celebrated 160 years in the marine and naval industry. Baglietto is a very strong Italian brand, both for its success in the pleasure boating industry and because of the special forces vessels it produced in the past. w yard overview

The yard began at the end of the 19th century, when Pietro Baglietto started to build sail boats in a small shack near the “Baglietto is not only a commercial brand, beach in Varazze. Since then, Baglietto has it is connected with the history and the development gone through several different phases, Beniaminio Gavio | chairman from the years of racing boats to the of the Italian marine industry” construction of the first motoryachts in wood. From the production of military vessels for the Italian Navy during the two world wars, to the introduction of The shipyard has just launched a new and renewed by the Gavio Group, turning aluminium in the 1980s. The company has 46m displacement yacht and is currently the production site into a cutting-edge, grown in size, quality and product range, working on a 43m Fast that will be launched environmentally friendly shipyard, so staff though is always faithful to its tradition of this summer. A new 54m displacement yacht, now work in clean and spacious surroundings. technological excellence and design. which has already been sold, is currently The new shipyard dedicates a large Since 2012 Baglietto has been part of under construction and will be launched area to refitting services, an important the Gavio Group, an international group before the end of 2015. The shipyard is also business for Baglietto. Each project is operating in different businesses such as working on the new MV 19m, as well as on a followed from start to finish, thanks to a highways, construction and transport. The 55m and a 48m displacement hull. dedicated staff ranging from electronic acquisition has meant new investments The facilities in La Spezia are located on a engineers to expert craftsmen and state- and ideas, as well as a great respect for the 35,000m2 site which was recently redesigned of-the-art technologies. “We can also rely history and legacy of the brand. on Baglietto’s historical database for any Beniamino Gavio, chairman of Gavio type of information on all kinds of ships Group, tells SB: “Baglietto is not only and yachts built by Baglietto since its first a commercial brand, it is something founding,” explains Gavio. connected with the history and the Production of military vessels is another development of the Italian marine industry. important area of business for the shipyard, The technical and cultural heritage of the under the brand Baglietto Navy. “We are yard is something to look after. We will project of strongly developing our military production, continue to produce yachts that establish interest with models ranging from 13 to 35m. new standards in terms of w Project name: 43m Fast We have just signed contracts with the technology and based on w Length 43.5m Paraguay Navy and with other countries in the concept that first of all w Beam: 8.3m South America,” reveals Gavio. they are Bagliettos.” w Draft: 1.7m Europe remains the most important Baglietto is open to w Engine: 2x3.440kW MTU 16V4000 M93L market for Baglietto, but the shipyard has any requests from clients w Maximum speed: 33kt recently also made sales in Russia and suggesting a particular w Cruise speed: 29kt Mexico. “We are investing a lot of effort design, but the designer w Hull construction: aluminium in the Americas. We have recently rented who defines the lines of w Superstructure: aluminium new offices in Fort Lauderdale which we the current Baglietto range w Naval architecture: Francesco Paszkowski will inaugurate in September and we are is the well-known Francesco w Interior design: Francesco Paszkowski reorganising our sales and service structure Paszkowski, who drew a total and Baglietto S.p.A. in order to be closer and more attentive to of eight different models. our local clients,” explains Gavio.

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w Benetti 86m Largest yacht built KEY FACTS to date w Founded: 1873 w Size of yard: 467,000m2 w Direct employees: 560 w Size it can build to: over 100m w Largest yacht built so far: 86m w Web: www.benettiyachts.it

Benetti was founded in 1873 and was one of the first shipyards to abandon wood in favour of building in composite construction in the 1960s. The yard was acquired by Paolo Vitelli in 1985. w yard overview

Azimut | Benetti has again been ranked as the top producer (in units) of superyachts in the world according to the global order “The Far East is a very important market book. This is a position the group has for Benetti, especially with the economic growth maintained for years and it currently has 45 yachts under construction in Livorno and in the Asia Pacfic area” Vincenzo Poerio | CEO Viareggio, having already launched 19 so far in 2015, seven of them over 50m. The yard is now moving steadily into the 100m+ sector having recently secured orders for time – 140 years of history in the yachting market for Benetti especially with the two 107m yachts, due to launch in 2018 industry. We like to make slow, steady economic growth in the Asia Pacific area. and 2019. progress; we research new solutions and Now this market covers about 10% of the Vincenzo Poerio, CEO of Azimut | Benetti apply them once we are sure they will keep global revenue for Benetti, so we are trying megayacht division, explains the shipyard’s our client out of harm’s way. We don’t need to to invest more to develop the market.” thinking, “We have been building for a long impress customers, we look for excellence.” Benetti said it has sold “390 metres of superyachts” to clients in Asia over the last Global presence five years. Luigi Adamo, named as Benetti launch of Benetti’s prolific output of yachts is not Asia’s general manager in early 2015, says interest just down to the size of its yards but also of his new role, “The first actions I wanted through Benetti NET, an initiative where to undertake were directed towards Benetti subcontractors are responsible increased attention to our brokers’ regional for all the work carried out onboard. This network. It is fundamental to keep them means the yard’s project managers are up to date on our products, improving the freed up for increasing the efficiency of definition of the brand.” the production processes. There are 17 In April Benetti launched a new service partners in Benetti NET, which cover the operating under the brand name Dedicato. complete supply chain during production. It will provide new owners with a full Benetti has also been consistently support package option. Chief commercial investing in its global presence. officerF abio Ermetto says, “The new service w Project name: FB257 M/Y Illusion V At April’s Singapore Yacht is not a management service but it will w Length: 58m Show the company outlined provide owners with a full support service w Beam: 10.80m its growth strategy for Asia, for the first five years. The owners will have w Draft: 3.27m saying it will open new offices to sign-up for the new service before they w Engine: 2x1380kW Caterpillar 3512 C in Hong Kong and has take delivery and will pay a fixed fee. They w Maximum speed: 15.5kt hired a new team to have to agree to a five-year period and w Cruise speed: 15kt handle its business cannot take less. We have not yet decided if w Hull Construction: steel in Asia. Poerio tells we will extend it beyond the five years.” w Superstructure: aluminium SB: “The Far East Benetti Asia is planning to exhibit at w Naval architecture: Benetti is a very important the SO! Dalian event in June, the Yachting w Interior Design: Benetti/ Gala in Italy in late June and at one of the Green&Mingarelli Design Vincenzo Poerio CEO two boat shows in Sanya in late November/ of Azimut | Benetti early December.

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w Italian Sea Group 55m Largest yacht built KEY FACTS to date w Founded: Admiral 1966, Tecnomar 1987, NCA 1942, Italian Sea Group 2012 w Size of yard: 100,000m2 w Direct employees: 200 w Size it can build to: 200m w Largest yacht built so far: 55m (plus commercial ships over 130m) w Web: www.theitalianseagroup.com

The Italian Sea Group encompasses Admiral, Admiral Sail and Tecnomar. It acquired Nuovi Cantieri Apuania (NCA) in December 2013. The group is gearing up for projects thanks to its new yard and headquarters located in Marina di Carrara, Italy. w yard overview

With the acquisition of NCA, the Italian Sea Group has grown into a formidable force. The 100,000m2 facility features access “We have customers from all over the world but to the sea, 11 sheds and a total lifting the US market is out of crisis, as well as the advantage capacity of 1,000 tonnes, including a hoist Giovanni Costantino | chairman capable for lifting 200 tonnes. All four offered by the US dollar value” brands are located at the Carrara base. The Group supplemented its shipbuilding might with a floating barge in spring 2014, allowing the shipyard to launch yachts of on-site. All subcontractors and suppliers are larger models (up to 30m) will follow soon. up to 90m. Yard operation focuses on lean Italian-based companies. The yard works The Italian Sea Group also unveiled the production. It has a shed with allocated with a strong emphasis on organisation and X-Force 145m concept at last year’s Monaco workshops for each subcontractor to work tidiness, as chairman Giovanni Costantino Yacht Show. The project has been developed explains, “I think that we have to work to on the same naval platform of M/N obtain the best result in terms of quality, Messina, the last commercial diesel-electric project of beauty and luxury. To do it, all of us need vessel delivered by the group in 2013. The interest to work in a place that is neat, clean and 200m drydock at Carrera would facilitate efficient. I believe that in the right shipyard the building of such an ambitious project. it is possible make the right yacht, and the The group has made a strong commitment right yacht is something that cannot come to the upcoming market in the US and Latin out of dirty place.” America. It appointed FYI Superyachts as the exclusive distributor for its custom Prolific output brands Admiral and Tecnomar in Venezuela, With a longstanding tradition in the Peru and Colombia. Costantino tells SB, “We commercial shipbuilding industry, the yard have customers from all over the world, but has completed 145 vessels up to 200m. the US market is out of the crisis and it is an A prolific output in 2014 saw the launch opportunity, also for the advantage offered of six vessels. Further to these launches, by the US dollar value.” the group has also been focused on the w Project name: Admiral Maxima 47 production of the Admiral Impero 40 w Length: 47m RPH, Admiral Impero 37 RPH as well as w Beam: 9.1m the Admiral E-motion 52 and 55 which is w Engine: 2x1.400HP MAN 2862 LE 463 currently in the late stages of production w Fuel capacity: 70,000l along with the Admiral C force 50. w Maximum speed: 15 In March 2015, the company announced w Cruise speed: 14 the launch of Franck Muller Yachts; a new w Hull construction: steel smaller yacht brand from the collaboration w Superstructure: aluminium alloy of the yard with the Swiss watch w Navale architecture: Admiral – The manufacturer.The first model Franck Muller Italian Sea Group 55 is currently under construction and will be w Interior design: Admiral Centro Stile officially unveiled at theM onaco Yacht Show in September 2015. The yard says other Chairman Giovanni Costantino

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75m w Mondomarine The size the yard can build to KEY FACTS w Founded: 1915 as Cantieri Navali Campanella w Size of yard: 35,500m2 w Direct employees: 90 w Size it can build to: 75m w Largest yacht built so far: 60m w Web: www.mondomarine.mc

Mondomarine, owned by Ferruccio and Elio Stroppiana since 1978, was founded in 1915 as Cantieri Navali Campanella and was one of the yards supplying the navy during the wars, and as a consequence it has vast shipbuilding experience. w yard overview

In 2015 Mondomarine acquired Cantieri di Pisa for an undisclosed sum. The company, which won the call for bids established by “To be competitive we focus on quality, the court of La Spezia, will take on Cantieri attractive design and what we offer with our experience di Pisa’s trademarks, warehouses and in naval and yachting construction” Roberto Zambrini | CEO facilities, and six boats currently under construction. The transaction also includes 33 employees working at the yard. SB reported in May that as per the agreement, all of the concessions for which aims for leadership in the field of we are working with several professionals, 12,000m2 of land, 6,000m2 of warehouses high-end yachts,” Mondomarine chairman for example Luca Vallebona, Hot Lab, Luca and 800m2 of basin will be revoked and and owner Alessandro Falciai said at the Dini and Sergio Cutolo. We are working on immediately reassigned to Mondomarine. time of the acquisition. “The historical line four projects with them for four already “The operation is part of the of Cantieri di Pisa, Akhir, will be redirected sold yachts. Our success is achieved by our development strategy of Mondomarine, towards the production of high quality, semi- capacity to offer high technology, quality displacement aluminium yachts from 30m.” and technical solutions at the right price.” “To be competitive we focus on quality, project of Demand for larger superyachts attractive design and what we can offer interest Mondomarine, which made its name building with our experience in naval and yachting yachts in the 40 to 50m range, has made construction,” Zambrini reveals. a concerted effort to move into the 60m+ Yachts presently under construction are range, in line with the growing demand for the SF40 by Luca Vallebona for delivery at larger superyachts. Over the last nine years, the end of summer, a 50m designed by Hot Mondomarine has sold 20 yachts over 40m Lab for delivery in February 2016, a 60m in length, of which eight were over 50m. Six designed by Luca Dini and construction units with a total length of more than 300 of a new 40m Explorer designed and metres are currently in build. engineered by Hydro Tec. A fifth unit under w Project of interest Mondomarine’s own facilities in Savona construction is the 54m designed by Luca w Project name: SF 40 covers an area of some 35,500m2, 9,500m2 Dini. Mondomarine will exhibit the new w Length: 42.33m of that being under cover. It has 100m SF40, a 42m modern alloy motoryacht at w Beam: 8.80m worth of mooring, an 820tonne travel lift the Monaco Yacht Show. w Draft: 2.20m and extensive refit capabilities. Like other Italian yards Mondomarine w Engine: 2x1.080kW MTU 12V2000M72 CEO Roberto Zambrini explains has established a network of official w Maximum speed: 16kt his vision, “I think that history and dealerships overseas. Mondomarine w Cruise speed: 15kt quality, together with the ability North America was opened in Fort w Hull construction: light alloy of the designers in our country Lauderdale in partnership with Dension w Superstructure: light alloy is a resource that is appreciated Superyacht Division. Other offices are w Naval architecture: Mondomarine all over the world. In my in Shaghai and Dubai. Engineering opinion the right choice is w Interior/exterior design: Luca working with more than Vallebona – SF Yachts one designer, that’s CEO Roberto Zambrini the reason why

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88m w Perini Navi The largest yacht built to date

KEY FACTS w Founded: 1983 w Size of yards: 88,786m2 w Direct employees: 200 w Size it can build to: 100m w Largest yacht built so far: 88m w Web: www.perininavi.it

Perini Navi was founded in 1983 with a vision of building a large sailing yacht that could be handled by one person. This radically changed the way large yachts were designed. The group also encompasses historic Italian motoryacht shipyard Picchiotti. w yard overview

Innovation and imagination have been a driving force at Perini Navi since its inception. Burak Akgul, director of sales, “We are continuously investing marketing and design explains, “Italian a lot of efforts in to research and yards continue to be the most important in our sector, thanks to an special new technolgies” Burak Akgul | director of of sales, ingredient: creativity. I’m not talking only marketing and design about the ability to create something new in terms of aesthetics – I mean it as a way of finding new technical and engineering and propose different products, to build solutions.” Picchiotti era their own uniqueness”, explains Akgul. Perini Perini Navi Group has delivered 56 sailing Navi has four different projects currently yachts, and since 2010 three motoryachts under construction, two of which are for project of under the Picchiotti brand, with which the owners in Europe and in the US. The main interest yard has begun a renewed philosophy. target market for Perini is Europe, but the The first motoryacht Exuma, delivered in group is dedicating an increasing attention 2010 was a real surprise for many people to Asia and Latin America. who were expecting something classic. “We are continuously investing a lot The designer involved in the new Picchiotti of efforts in to research, which means era is Philippe Briand, who designed a new designs, but also new technologies”, high-efficiency hull, with the potential to declares Akgul. “This is what enables us to cut fuel consumption and, at the same be always one step ahead. We are currently time, created a favourable combination working in different directions, for example with alternative propulsion systems. With designing new sail handling systems and his experience in sail design, Briand was controls, like winches, furlers, control involved in the development of this series softwares, rig loading monitoring systems. of one-of-a-kind yachts, well known for From the engineering point of view, we are their efficiency and, with the latest unit, working on electrical generation handling w Project name: C2270 Sybaris Grace E, also for the combination of high- – diesel electric, batteries, power supply, w Length: 70m end solutions for low consumption and low efficiency.F inally, we are further developing w Beam: 13.24m environmental impact thanks to diesel- our building techniques in order to improve w Draft: 4.54m electric combined propulsion systems. comfort and safety and to reduce noise w Engine: 2x1.440kW MTU 16V2000M72 Launched in 2011, the 55m Galileo and vibrations onboard.” w Maximum speed: 17.5kt represents another yacht that surprised the The group is also committed to providing w Cruise Speed: 17kt market due to its high level of technology. a high level of service to its owners. w Hull construction: aluminium Innovation is still the gasoline of the Perini After renovating the service and refit w Superstructure: aluminium Navi Group and each of the shipyard’s activities by constituting a new, dedicated w Naval Architecture: Perini Navi and creation is an example of this, like the 88m business unit, the group has also signed an Philippe Briand sailing yacht The Maltese Falcon launched Authorised Service Facility agreement with w Interior design: PH Design in 2006, one of the most impressive Rybovich to provide professional service projects ever constructed by Perini. “In order and support to its fleet on both sides of to stay ahead it is necessary to innovate the Atlantic.

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w in brief

Ferretti is here to stay for a long time. What h is significant is that we are no longer selling using discounts.” Overmarine w Location: Viareggio, Pisa, Massarosa, Massa w Web: www.overmarine.com

Overmarine Group has 10 production facilities spread throughout Italy, with additional premises in Miami, Florida and Golf Juan, France. The Group has delivered over 300 yachts up to lengths of 50m. The company says the success of its Mangusta line comes from the high level of quality achieved using strict controls on the construction technique. The company carries out all processes from design of the Columbus Yachts’ 40m Sport Hybrid hull, the creation of the mould of the yacht in composite materials, to lamination. CRN for a period of two years. In April, at the In August 2014 the group opened an w Location: Ancona Singapore Yacht Show, Ferretti CEO Alberto office in the Cote d’Azur which supplies w Web: www.crn-yacht.com Galassi revealed, “We will be announcing in Mangusta yachts to the French market. the future a new venture between Pershing In March 2015 further commitment to CRN has been part of the Ferretti and CRN using a light alloy.” the Asia-Pacific region was made with Group since 1999 and specialises in the appointment of Henry Goulding as producing fully custom and semi-custom Ferretti a new sales partner based in Singapore. displacement yachts ranging from 40m w Location: Fano The company also reported commercial to 90m. CRN, like all the brands in the w Web: www.ferrettigroup.com success in March having sold a Mangusta group, is now run by SHIG-Gruppo Weichai 165 and a Mangusta 94 to US clients. The with Lamberto Tacoli at the helm as Founded in 1968, the Ferretti Group company says it has also benefited from CEO and chairman. The yard is based in acquired other Italian yachting brands such the appointment of Miami-based Stefano Ancona and has its own private marina as Riva in 2000 and CRN in 1999. This was Arlunno as its dedicated area manager for as well as a yard of 80,000m2. In 2014 it then followed in 2001 by Mochi Craft and the Americas. launched 61m Saramour as well as 73m Apreamare, following Pershing and Itama. Yalla and 2013 saw the launch of 80m In 2012 the Chinese Weichai Group took Columbus Yachts Chopi Chopi. It has an established pool of ownership of 75% of the group’s shares (part of Palumbo Group) designers with which it works including with Royal Bank of Scotland owning 25%. w Location: Naples, Malta, Marseille Francesco Paszkowski, Omega Architects At the Singapore Yacht Show briefing w Web: www.palumbo.it and Studio Zuccon. In 2015 it launched mentioned above, Ferretti CEO Alberto Galassi www.columbusyachts.it 55m Atlante, a distinctive looking yacht provided information about the group’s Asia- with exterior lines by Nuvolari Lenard and Pacific operations as well as the schedule Palumbo Group was founded in 1967 naval architecture by CRN’s engineering for the already announced three-year €50m and traditionally was a strong player in department. In June last year, Burgess investment including 27 new models. The the production, refit and repair of large sold a 74m new-build project CRN with model programme will include 11 Rivas, commercial ships in Naples. Today it has a completion date of 2016. A refit was six Ferretti Yachts, six Pershings and four around 300 employees and five yards in the completed on 46m Eight in May. A 77m Custom Line models. Ferretti Yachts will central Mediterranean, making it one of the was also signed end of 2014. launch the 550 and one new Flybridge model largest marine groups in the Med. It is still The 74m yacht will be the yard’s in 2015. In 2016 and 2017 respectively two owned and managed by its central family. first collaboration with Andrew Winch. new models will be launched. In 2011 under the name Columbus Despite this signing, in January the yard “Because our debt is now at its lowest Yachts it launched its first yacht, Prima, had met with union representatives level of around €20m, we have been strong a 54m motoryacht with exterior lines by to discuss an industrial plan aimed at in developing new models and this puts us Hydro Tec. In May 2015 it launched MY relaunching the shipyard and safeguarding in the best position to expand,” Galassi said. Classic 57m and 40m Sport Hybrid, both the occupational levels and its workers “Our sales have exceeded our budgets in designed and engineered by Sergio Cutolo’s with an Extraordinary Redundancy Fund the first quarter which is the low season. Hydro Tec. It also has a Liberty 33m

36 www.SUPERYACHTBUSINESS.net | JUNE 2015 new build round-up Focus Italy

w in brief

in build to be launched in September cruising. The yacht is due for launch in sale of its first semi displacement and a Sport Oceanic 70m which will be 2017. The shipyard celebrated further 126’ series. Sanlorenzo remains one the launched in 2016. Alongside these builds success in April with the launch of 39m most prolific builders of yachts over 24m Columbus Yachts has has developed the 1930s replica Taransay. Previous launches in the world. new Oceanic Coupé line especially for the have included 49m Polaris in 2014, 49m In April 2015 the yacht builder Asian and US market. The first two models Param Jamuna IV in 2013 and Vellmari announced a new and strategic of the series are all aluminum, semi- in 2013. collaboration with US designer Chris displacement yachts of 45m and the 50m. Bangle. The agreement, on an Sanlorenzo exclusive basis for the next 10 years, Rossinavi w Location: Viareggio, La Spezia and Massa marks the beginning of a new chapter for w Location: Viareggio w Web: www.sanlorenzoyacht.com Sanlorenzo yachts and involves not only w Web: www.rossinavi.it yacht design, but the entire shipyard, Sanlorenzo, established in 1958, has including the production site and the The Rossi shipyard was founded in the its headquarters in Ameglia, La Spezia. construction process. 1970s as a general partnership company The second division, dedicated to the dedicated exclusively to metal carpentry. production of superyachts, is based in Tankoa Today the company considers the Viareggio. In 2005 the company was w Location: Genoa custom field to be its strength. Rossi acquired by Massimo Perotti, who remains w Web: www.tankoa.it Navi operates across three production at its helm as chairman with Fulvio Dodich sites; Polo Nautico, its headquarters in appointed as its new CEO in 2013. In late Tankoa Yachts is a Genoa-based company Viareggio, DR12 in Viareggio Harbour and 2014 Ferruccio Rossi was appointed as that can build yachts from 40 to 100m. Navicelli in Pisa. Its mechanical workshop the company’s new president/ It has two climate-controlled sheds of 3,600m2 both measuring 90m in length. Additionally a large 250m long quay provides space for berthing. “Our aim is not to compete with our Italian The shipyard has not yet launched a colleagues, it is to compete with Northern yacht but has a 69m in build slated for a technical launch that will take place European shipyards” Michael Karsenti | Tankoa in the second half of June. The Tankoa S693 results from a contract signed in March 2014 between Tankoa Yachts and Yacht-Ology, a Michel Karsenti company, specialises in the construction of naval general manager. for one of Karsenti’s clients. Yacht-Ology accessories exclusively in stainless steel. In 2014 Sanlorenzo launched the first is Tankoa’s global sales and marketing At last year’s Fort Lauderdale Boat vessel of the new 36.5m SL118 line as agent. After delivery she will cruise on the Show Rossinavi communicated that it well as the first of its new SD112 line of Cote d’Azur sometime in late August and had signed a contract for a new 62m motoryachts. Six SD112 units have already will be officially introduced to the public semi-displacement motoryacht, although been sold and are in an advanced stage of and the yachting industry during the 2015 details to date have been minimal. In production. Its first explorer model – the Monaco Yacht Show. March 2015 it announced the sale of 460Exp, a 42m vessel of 460 gross tonnes Other future projects are under Endurance 50, an all-aluminium 50m was also launched in 2014. In May 2014 development in the yard are a new explorer yacht designed for blue-water Sanlorenzo Americas also announced the 50m and a new 70m, then, Tankoa management is talking about two new 75m – all these projects will be presented at the Monaco Yacht Show 2015. The shipyard has also unveiled a 50m project as well as concepts of 70 and 80m which it says have stirred great interest in the brokerage community. Michel Karsenti, sales and marketing director of Tankoa, says, “Our aim is not to compete with our Italian colleagues, it is to compete with Northern European shipyards. There is a highly tangible reason why our price is higher. But our Italian business model and regulations mean that we will be more Rossinavi’s strength is in the custom field Sanlorenzo’s 42m 460Exp, launched in 2014 competitive than Northern Europe.”

38 www.SUPERYACHTBUSINESS.net | JUNE 2015 new build round-up

w Order book 2015-2017

Benetti Stefano Righini/ w BAGLIETTO BF103 38m M/Y 2016 Redman Whiteley Dixon Name Length Motor/Sail Designer Delivery Benetti Stefano Righini/ BF104 38m M/Y 2016 MY 10219 54m M/Y Francesco Paszkowski Design 2015 Redman Whiteley Dixon Benetti Stefano Righini/ MY 10217 46.3m M/Y Francesco Paszkowski Design 2015 BC133 36.9m M/Y 2016 François Zuretti MY 10221 46.3m M/Y Francesco Paszkowski Design 2015 Benetti Stefano Righini/ BK005 31.7m M/Y 2016 MY 10223 43.6m M/Y Francesco Paszkowski Design 2015 Benetti Benetti Stefano Righini/Carlo w BD014 28.5m M/Y 2016 BENETTI Galeazzi Name Length Motor/Sail Designer Delivery Benetti Stefano Natucci/ FB262 90m M/Y 2015 w CRN Green & Mingarelli Benetti Benetti/Cristiano Name Length Motor/Sail Designer Delivery FB265 63m M/Y 2015 Gatto CRN 134 55m M/Y Nuvolari & Lenard 2015 FB264 62m M/Y Benetti Benetti/FM Architetti 2015 CRN 131 74m M/Y Studio Zuccon 2015 FB255 60m M/Y Benetti Benetti/Sinot Design 2015 CRN 135 77m M/Y Studio Zuccon 2017 Benetti Benetti/Green & FB257 58m M/Y 2015 Mingarelli/Green & Mingarelli w FERRETTI CUSTOM LINE FB267 56m M/Y Benetti Benetti 2015 Name Length Motor/Sail Designer Delivery FB266 54.8m M/Y Benetti Benetti 2015 Ferretti Group Engineering- Custom Line 124 37.8m M/Y 2015 FB802 50m M/Y Benetti Benetti 2015 Zuccon International Project Ferretti Group Engineering- Benetti Stefano Righini/ Custom Line 108 33m M/Y 2015 BF202 42.6m M/Y 2015 Zuccon International Project Redman Whiteley Dixon Ferretti Group Engineering- Benetti Stefano Righini/ Custom Line 108 33m M/Y 2015 BF203 42.6m M/Y 2015 Zuccon International Project Redman Whiteley Dixon Ferretti Group Engineering- Benetti Stefano Righini/ Custom Line 108 33m M/Y 2015 BY004 41.9m M/Y 2015 Zuccon International Project François Zuretti Ferretti Group Engineering- Benetti Stefano Righini/ Custom Line 97 29.7m M/Y 2015 BY005 41.9m M/Y 2015 Zuccon International Project François Zuretti Navetta 33 Ferretti Group Engineering- Benetti Stefano Righini/ 32.6m M/Y 2015 BY006 41.9m M/Y 2015 Crescendo Zuccon International Project François Zuretti Navetta 33 Ferretti Group Engineering- Benetti Stefano Righini/ 32.6m M/Y 2015 BS006 40.2m M/Y 2015 Crescendo Zuccon International Project François Zuretti Ferretti Group Engineering- Navetta 28 28.3m M/Y 2015 Benetti Stefano Righini/ Zuccon International Project 38.1m M/Y Redman Whiteley Dixon/AKJ 2015 BF101 Ferretti Group Engineering- Design Navetta 28 28.3m M/Y 2015 Zuccon International Project Benetti Stefano Righini/ BC132 36.9m M/Y 2015 Ferretti Group Engineering- François Zuretti Navetta 28 28.3m M/Y 2015 Zuccon International Project Benetti Stefano Righini/ BK003 31.7m M/Y 2015 Benetti w FERRETTI YACHTS Benetti Stefano Righini/ BK004 31.7m M/Y 2015 Name Length Motor/Sail Designer Delivery Benetti Ferretti Group Engineering- Benetti Stefano Righini/Carlo Ferretti 960 29.2m M/Y 2015 BD009 28.5m M/Y 2015 Zuccon International Project Galeazzi Ferretti Group Engineering- Benetti Stefano Righini/Carlo Ferretti 960 29.2m M/Y 2015 BD010 28.5m M/Y 2015 Zuccon International Project Galeazzi Ferretti Group Engineering- Benetti Stefano Righini/Carlo Ferretti 870 26.6m M/Y 2015 BD011 28.5m M/Y 2015 Zuccon International Project Galeazzi Ferretti Group Engineering- Benetti Stefano Righini/Carlo Altura 840 25.8m M/Y 2015 BD012 28.5m M/Y 2015 Zuccon International Project Galeazzi Ferretti Group Engineering- Francesco Paszkowski Ferretti 800 24.7m M/Y 2015 MY10225 55m M/Y 2016 Zuccon International Project Design Ferretti Group Engineering- Ferretti 800 24.7m M/Y 2015 FB275 107m M/Y Benetti Benetti 2019 Zuccon International Project FB272 98.4m M/Y Benetti Benetti/Zaniz Interiors 2018 Benetti Benetti/Bannenberg w ITALIAN SEA GROUP FB259 56m M/Y 2016 & Rowell Name Length Motor/Sail Designer Delivery Benetti Stefano Righini/ Admiral Impero BF204 42.6m M/Y 2016 37m M/Y Luca Dini Design 2015 Redman Whiteley Dixon 37 Benetti Stefano Righini/ Admiral Maxima BY007 41.9m M/Y 2016 47m M/Y Luca Dini Design 2015 François Zuretti 47 Benetti Benetti/Carlo Galeazzi Admiral Regale FB701 41.8m M/Y 2016 45m M/Y Luca Dini Design 2015 CAT ST/AL 14.5/13.5 45 Benetti Stefano Righini/ Admiral Custom BS007 40.2m M/Y 2016 35m M/Y Admiral/Owner 2015 François Zuretti 35 Benetti Stefano Righini/ Tecnomar BS008 40.2m M/Y 2016 40m M/Y Luca Dini Design 2015 François Zuretti Nadara 40 Benetti Stefano Righini/ Admiral Sail Silent Jacques Faroux/De Benedetti BF102 38.1m M/Y 2016 24m S/Y 2015 Redman Whiteley Dixon Gigrega & Fiordi

40 www.SUPERYACHTBUSINESS.net | JUNE 2015 Focus Italy

Admiral C Frorce 50m M/Y Uniellè Yacht Design 2016 FR034 46.8m M/Y Fulvio De Simoni 2017 50 Admiral E Motion 52m M/Y Dobroserdov Design 2016 w SANLORENZO 52 Name Length Motor/Sail Designer Delivery Admiral E Motion 55m M/Y Dobroserdov Design 2016 55 MY 46 Steel 46m M/Y Francesco Paszkowski 2015 Admiral Impero MY 46 Steel 46m M/Y Francesco Paszkowski 2015 38m M/Y Luca Dini Design 2016 38 EX 460 Exp 42m M/Y Francesco Paszkowski 2015 Admiral Impero 40m M/Y Luca Dini Design 2016 40 EX 460 Exp 42m M/Y Francesco Paszkowski 2015 Strato Dynamiq EX 460 Exp 42m M/Y Francesco Paszkowski 2016 39m M/Y Dobroserdov Design 2016 39 MY SD 126 38.4m M/Y Francesco Paszkowski 2015 w MONDOMARINE MY SD 126 38.4m M/Y Francesco Paszkowski 2015 Name Length Motor/Sail Designer Delivery MY SL118 36m M/Y Francesco Paszkowski 2015 SF40 40m M/Y Luca Vallebona 2015 MY SL118 36m M/Y Francesco Paszkowski 2015 M50 50m M/Y Hot Lab 2016 MY SL118 36m M/Y Francesco Paszkowski 2015 M60s 60m M/Y Luca Dini Design 2016 MY SD112 34m M/Y Francesco Paszkowski 2015 M40 Explorer 40m M/Y Hydrotec – Sergio Cutolo 2016 MY SD112 34m M/Y Francesco Paszkowski 2015 M54 54m M/Y Luca Dini Design 2017 MY SD112 34m M/Y Francesco Paszkowski 2015 MY SL106 32.3m M/Y Francesco Paszkowski 2014 w OVERMARINE GROUP MY SL106 32.3m M/Y Francesco Paszkowski 2015 Name Length Motor/Sail Designer Delivery MY SL106 32.3m M/Y Francesco Paszkowski 2015 Stefano Righini/Overmarine 94/03 28.7m M/Y 2015 MY SL106 32.3m M/Y Francesco Paszkowski 2015 Group Stefano Righini/Overmarine MY SL96 29.2m M/Y Francesco Paszkowski 2014 94/04 28.7m M/Y 2015 Group MY SL96 29.2m M/Y Francesco Paszkowski 2015 Stefano Righini/Overmarine 110/02 33.8m M/Y 2015 MY SL96 29.2m M/Y Francesco Paszkowski 2015 Group Stefano Righini/Overmarine MY SL96 29.2m M/Y Francesco Paszkowski 2015 132/01 39.8m M/Y 2015 Group MY SL96 29.2m M/Y Francesco Paszkowski 2015 Alberto Mancini/Overmarine Oceano 42 42.3m M/Y 2016 MY SL96 29.2m M/Y Francesco Paszkowski 2015 Group Alberto Mancini/Overmarine MY SL96 29.2m M/Y Francesco Paszkowski 2015 Mangusta 165/10 42.3m M/Y 2016 Group MY SD92 28m M/Y Francesco Paszkowski 2015 Stefano Righini/Overmarine - 40m M/Y 2017 MY SL86 26.2m M/Y Officina Italiana Design 2015 Group MY SL86 26.2m M/Y Officina Italiana Design 2015 Stefano Righini/Overmarine - 33.5m M/Y 2017 Group MY SL86 26.2m M/Y Officina Italiana Design 2015 Stefano Righini/Overmarine Mangusta 165/11 42.3m M/Y 2017 MY 62 Steel 61m M/Y Officina Italiana Design Group MY 60 Steel 58.8m M/Y Stefano Natucci 2017 Oceano 46 45.5m M/Y 2017 MY 52 Steel 52m M/Y Officina Italiana Design 2016 w PALUMBO GROUP MY 52 Steel 52m M/Y Officina Italiana Design 2016 Name Length Motor/Sail Designer Delivery MY SL118 36m M/Y Francesco Paszkowski 2016 40s n.2 40m M/Y Hydrotec 2015 MY SL118 36m M/Y Francesco Paszkowski 2016 57 Classic 57m M/Y Hydrotec 2015 MY SD112 34m M/Y Francesco Paszkowski 2016 Unknown 70m M/Y Giorgio e Stefano Vafiadis 2016 MY SD112 34m M/Y Francesco Paszkowski 2016 Liberty 33m M/Y Marco Casali – Too Design 2016 MY SD112 34m M/Y Francesco Paszkowski 2016 w PERINI NAVI MY SL106 32.3m M/Y Francesco Paszkowski 2016 Name Length Motor/Sail Designer Delivery MY SL106 32.3m M/Y Francesco Paszkowski 2016 C2130 38m S/Y Philippe Briand MY SL86 26.2m M/Y Officina Italiana Design 2016 C2227 Sybaris 70m S/Y Perini Navi 2015 MY SL86 26.2m M/Y Officina Italiana Design 2016 C2232 60m S/Y Ron Holland 2016 MY SL86 26.2m M/Y Officina Italiana Design 2016 60m S/Y Ron Holland 2017 C2239 MY SL86 26.2m M/Y Officina Italiana Design 2016 w ROSSI NAVI w TANKOA Name Length Motor/Sail Designer Delivery Name Length Motor/Sail Designer Delivery Polaris 48m M/Y Team For Design 2014 S693 74m M/Y Francesco Paszkowski Design 2015 Taransay 39m M/Y Rossi Navi/STB Italia 2015 Francesco Paszkowski S501 49.9m M/Y 2017 Design FR031 62m M/Y Rossi Navi 2017 Francesco Paszkowski S701 70m M/Y 2017 FR032 49m M/Y Team For Design 2017 Design

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